ARP Stock Summary and Trading Ideas (PMV Adaptive Risk Parity ETF | ARCA:ARP)

The Fund is an actively managed ETF that achieves its objective by taking advantage of broad asset trends throughout the economic cycle. The Adviser actively monitors asset class pricing trends to determine characteristics used for portfolio construction, including measurements of risk, returns, and asset correlations. The Adviser then uses this information to inform the security selection process for the Fund, with an emphasis on securities that have had better recent performance compared to other securities under similar market conditions. The Fund will obtain investment exposure to a variety of asset classes, including equities (primarily U.S. equities, non U.S. developed market equities, and emerging market equities), fixed income securities including U.S. Treasuries, broad commodities (specifically, a diverse group of heavily traded commodities across the energy, precious metals, industrial metals and agriculture sectors), physical gold, currencies, and cash. The Fund operates in a manner that is commonly referred to as a "fund of funds" and obtains investment exposure to the asset classes described above primarily by investing in one or more ETPs, including ETFs and exchange-traded commodity pools, designed to track the performance of such asset classes.

PMV Adaptive Risk Parity ETF trades on the ARCA stock market under the symbol ARP.

As of December 13, 2024, ARP stock price was flat at $29.13 with 91 million shares trading.

ARP has a market cap of $29.71 million. This is considered a Sub-Micro Cap stock.

ARP has underperformed the market in the last year with a return of +16.7%, while the SPY ETF gained +29.9%. In the last 3 month period, ARP fell short of the market, returning +2.3%, while SPY returned +7.8%. However, in the most recent 2 weeks ARP has outperformed the stock market by returning +0.8%, while SPY returned +0.3%.

ARP support price is $28.98 and resistance is $29.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARP shares will trade within this expected range on the day.